Jan-Willem van Schaik

SUZHOU, China - For e-drive manufacturer Bafang Electric (Suzhou) Co., Ltd, 2023 was a very challenging year. According to the company's financial report their performance was affected negatively due to geopolitical conflicts, inflation, slowing consumer demand and high inventory among their customers.

TAIPEI, Taiwan - Combining fashion and function, Roxim offers a wide portfolio of front and rear lights for different bicycle categories. At Taipei Cycle Show 2024, the Taiwanese company presented the new ZX5E featuring Oled technology.

CAMBIAGO, Italy - 2023 has been a very good year for Colnago Ernesto & C. S.r.l. looking at the publication of their 2023 financial report. The iconic Italian brand hiked their revenue by 33% to €55.7 million.

VILNIUS, Lithuania - Construction company YIT Lithuania has handed over the keys of the newly built Pon.Bike bicycle factory in the Kedainiai Free Economic Zone in Lithuania. over the next 5 to 6 months Pon.Bike will prepare the new facility for production.

JAKARTA, Indonesia - More than 90 leading exhibitors from two-wheeler companies are gearing up for the premiere of Asiabike Jakarta at the Jakarta International Expo from April 30 - May 4, 2024. Organised in partnership with Eurobike jointly by Messe Frankfurt, Periklindo (Indonesian Electric Vehicle Industry Association), Pt. Dyandra Promosindo and Jiangsu Bicycle Co Ltd.

PARK CITY, USA - Only two and a half year after the three founders sold Kona Bicycles to Kent Outdoors, the new owner has put the iconic Canadian bicycle brand up for sale. Due to drastic market changes since early 2022, Kona, like so many other bicycle brands, could not live up to the high expectations set for the future cycling market.

OSAKA, Japan - Bicycle component manufacturer Shimano reports that demand for bicycles continued to be weak at the start of the year. In the first quarter of 2024, net sales decreased by double digits compared to last year. Also for the rest of the year the outlook will remain uncertain for Shimano.

EMSTEK, Germany - Bicycle brand Hercules has built on a firm base on its home market Germany as well as some export, including a new head office and show room in the north of Germany. Export manager Michael Honkomp and sales manager Joep Stumpe want to take the brand into Europe and discussed their ambitions with Bike Europe.

SCHARMEDE, Germany - Known for pioneering the birth of the action sports movement in the early 80s, Haro Bikes is embarking on a new journey forward in Europe. "We are currently building our new European sales network," explains Verena Begemann, general manager of Haro Bikes Europe GmbH.

STOCKHOLM, Sweden - Nordic Bike Shows has announced the premiere of the Stockholm Bike Show, set to take place in the Swedish capital on 29-30 March, 2025. "We aim to bring together cycling enthusiasts, industry professionals, and innovators, showcasing the latest trends, technologies, and to experience in the world of cycling," says organiser Christian Ritter.